In a bold move signaling its ambitious expansion into the financial sector, Patanjali Ayurved Limited, led by the renowned Baba Ramdev, has acquired a majority stake in Magma General Insurance Limited. Announced on March 13, 2025, the deal is valued at approximately Rs 4,500 crore, marking a significant milestone in the company’s diversification strategy. This … Read more
![[L-R] Pankaj Parwanda & Pallavi Agarwal, Co-founders of goSTOPS](https://entrepreneurnewsnetwork.com/wp-content/uploads/2025/03/goStops.webp)
goSTOPS, a leading travel hostel brand catering to young travelers, has secured ₹35 crore in its Series A funding round, led by Blume Ventures with co-lead investment from 1Crowd. The fresh capital infusion will drive the company’s aggressive expansion plans as it looks to scale its presence across India. Expanding the Footprint: From 2,500 to … Read more
Nirvana Insurance, a leading AI-powered commercial trucking insurer, has raised $80 million in Series C funding, pushing its valuation to nearly $850 million. The funding round, led by General Catalyst, with continued support from Lightspeed Venture Partners and Valor Equity Partners, will drive Nirvana’s technological expansion and market growth in the fleet insurance sector. The … Read more
Shield AI, a leading deep-tech company specializing in autonomy software and defense aircraft, has successfully raised $240 million in an F-1 strategic funding round, pushing its valuation to $5.3 billion. The funding round saw major participation from L3Harris (NYSE: LHX) and Hanwha Aerospace (KRX: 012450), alongside existing investors such as Andreessen Horowitz, U.S. Innovative Technology, … Read more
As part of our Women’s Day special series, TVW News India and Entrepreneur News Network are celebrating women leaders who are breaking barriers and redefining industries. In this exclusive interaction, we speak with Pooja Yadav, Chief Product Officer at Zuno General Insurance Limited, a trailblazer in insurance, risk management, and underwriting. From navigating a male-dominated … Read more
Hyundai Motor India Ltd. (HMIL), the Indian subsidiary of the Korean automotive giant, has announced a significant expansion of its electric vehicle (EV) infrastructure. The company plans to install around 600 DC fast public EV chargers across India over the next seven years, with a primary focus on key highways and major cities. This ambitious … Read more
The Singapore Management University (SMU) has secured a landmark $1 million gift from Aptos Foundation, marking its largest philanthropic investment in higher education and establishing SMU’s first Professorship in Blockchain. This transformative partnership not only advances SMU’s leadership in blockchain education and research but also solidifies Singapore’s position as a global blockchain innovation hub. The endowed professorship, a first for SMU, will drive thought leadership, cutting-edge … Read more
Incuspaze, a leading coworking provider specializing in managed flexible office spaces for corporates, is set to raise $25 million (over ₹210 crore) as part of its ambitious expansion strategy. This funding will support the company’s growth in major Indian cities ahead of its anticipated initial public offering (IPO). Rapid Growth Since Inception Founded in 2016, … Read more
Arihant Foundations & Housing Limited has successfully raised ₹109 crore through a preferential equity allocation. This funding round saw participation from prominent investors, including the Lotus Family Trust led by renowned investor Madhusudan Kela and CaratLane founders Mithun Sacheti and Siddhartha Sacheti. Strategic Expansion Plans The Chennai-based real estate developer plans to utilize the funds … Read more
ParkMate, a leading provider of intelligent parking solutions, has secured $1.2 million in a fresh funding round led by Cactus Partners, an early growth-stage startup fund. The round also saw participation from existing investors, including the Marwah Group Family Office and Venture Catalysts. Strategic Utilization of Funds ParkMate plans to utilize the new capital to: … Read more
Cardless, a leading fintech company specializing in co-branded credit card solutions, has announced a successful $30 million growth investment round. The round was spearheaded by Activant Capital and featured participation from prominent investors like Mischief (co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant, and Amex Ventures. This brings Cardless’ total equity funding to … Read more
Beyond Appliances, an innovative smart kitchen appliance brand, has successfully raised $2 million in seed funding. The round was led by Fireside Venture Investment Fund III with additional support from Dharana Capital and prominent angel investors, including Shezan Bhojani (Design Cafe), Saurabh Jain and Ramakant Sharma (Livspace), and Chandru Kalro, former CEO of TTK Prestige. … Read more
Sealmatic India Ltd (BSE: 543782) has announced a significant investment of ₹25 crores from Aegis Investment Fund PCC Niveza through a preferential allotment. This involves the issuance of 393,000 equity shares at ₹636 per share, including a premium of ₹626 per share. This funding marks a crucial milestone for Sealmatic as it accelerates its global … Read more
Z SUPPLY, a fashion house synonymous with simplicity, comfort, and effortless style, continues its impactful Black Friday/Cyber Monday tradition. For the fourth consecutive year, the company will donate $300,000 from online sales at ZSUPPLY.com to the Z SUPPLY Foundation. This generous contribution brings the Foundation’s total funds raised to an incredible $1.2 million since its … Read more
Zopper, a leading Insurtech platform, has successfully raised $25 million in Series D funding, co-led by Elevation Capital and Dharana Capital. Existing investor Blume Ventures also participated in the round, alongside prominent backers like Creaegis, Bessemer Venture Partners, and ICICI Venture. Driving Innovation in Insurance Distribution The fresh funding will enable Zopper to enhance its … Read more
Shinami, a premier developer platform for Move-based blockchains, including Aptos, Sui, and Movement, has successfully closed a $5.645 million seed funding round. The round was led by Race Capital, with additional investments from 6th Man Ventures, Coinbase, Circle, and Mysten Labs. The Aptos Foundation also contributed an undisclosed amount, further bolstering Shinami’s growth. Building the … Read more
